Reddit (bStocks Tokenized Stock) vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 257.8× the size of Reddit (bStocks Tokenized Stock) (RDDTB) by market capitalisation. Over the past 30 days, STRCX is ahead by 37.9 percentage points (RDDTB -34.9% against STRCX +3.0%). Their daily returns move barely together (correlation 0.08 across 27 shared trading days). RDDTB has been the more volatile of the two, at 80% annualised against STRCX's 51%.

Correlation: 0.08
Size ratio: 1 : 257.8
Ahead over 30 days: STRCX

Reddit (bStocks Tokenized Stock)RDDTB

$103.7100

24h: -1.38%
Market cap: $564,320
Volume 24h: $1.14M
Volatility (ann.): 80%

Strategy PP Variable xStockSTRCX

$109.7800

24h: +3.09%
Market cap: $145.50M
Volume 24h: $575,035
Volatility (ann.): 51%

RDDTB 0.4%Share of the two combined market caps99.6% STRCX

Performance

RDDTBSTRCX

7 days-30.38%+5.41%STRCX
30 days-34.89%+3.05%STRCX

Correlation

0.08over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0890d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	RDDTB	STRCX
Max drawdown (400d)	-43.2%	-7.5%
Risk-adjusted return (90d)	-0.49	0.16

Relative strength over 90 days: STRCX outperformed RDDTB by 42.0% — measured on the RDDTB/STRCX ratio, so it holds regardless of market direction.

Reddit (bStocks Tokenized Stock) →Strategy PP Variable xStock →